The government has stepped back from a plan to require all participants in the Capacity Market to also register as participants in the Balancing Market (BM). Publishing the outcome of a consultation on this and other changes to the Capacity…
Author Archive for New Power
Europe’s TSO group seeks feedback on research priorities to address ‘enormous’ transformation of energy system
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Research is urgently required to give Europe’s energy system operators the tools to accommodate both hundreds of gigawatts of offshore wind and embedded DC networks in the power system of the future, and to ensure the system is able to…
UKERC: Settling post-Brexit energy rules ‘ties up civil servants who should be planning our Net Zero pathways’
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Negotiating practical arrangements for the UK and EU energy markets to work together in the long term is taking up civil service capacity that we can ill-afford to lose, at a time when the need to develop energy and climate…
Strathclyde Pension Fund to invest £20M in Clean Growth Fund
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The Clean Growth Fund (CGF) has won a capital commitment of £20M from Strathclyde Pension Fund. The investment will bring the total amount raised by the Fund, a venture capital fund investing into promising early-stage UK clean technology ventures, close…
INTERVIEW: Amanda Brock, OpenUK, on how Open Source is moving into energy
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How many energy companies have a policy against the use of so-called ‘Open source’ software in their activities? Amanda Brock, chief executive of OpenUK, says it’s a common prohibition – but she suspects that a closer look will reveal that…
Swiss company signs 10-year deal for output from French developer’s solar farm in Kent
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Axpo UK, the UK arm of Swiss energy generator and trader Axpo, has signed a new ten-year, fixed price power purchase agreement (PPA) with French solar developer Voltalia for a PV installation in Kent. Axpo UK will purchase 100% of…
Anglian Water plans to step up investment in solar PV
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Anglian Water is stepping up its investment in solar PV. It more than doubled generation in 2021 to 7.2GWh from 14 solar PV installations at its sites – an increase from 3GWh in 2020 – and completed the largest solar…
Vehicle electrification – and COP 26 – prompt upgrades in Glasgow electricity networks
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SPEN is adding electrical circuits to an existing substation close to this year’s COP26 venues in Glasgow. Next year the new equipment will become part of a new substation, one of three added or upgraded that will be required to…
GIG acquires battery development portfolio, plans to operate in balancing and grid service markets
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Macquarie’s Green Investment Group (GIG) has acquired a ‘utility scale’ portfolio of development-stage distribution-connected battery storage from Capbal. The organisations will initially partner to deliver seven projects totaling 187MWh and strategically located in highly congested areas of the UK network,…
Aksiom Services acquires Anesco, highlights ‘potential to scale rapidly in the UK and elsewhere in Europe’
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Anesco has been acquired by Aksiom Services Group, a partnership between Ara Partners and the Aksiom Group, for an undisclosed sum. The transaction will see principal shareholder and funder Alcentra exiting Anesco’s shareholder base after six years. Aksiom is a…